Head, Internal Audit and Control

Responsibilities:

• Annual Audit Planning: Develop a comprehensive, risk-based internal audit plan annually for Audit Committee review and approval. Ensure the plan aligns with the organization’s strategic objectives and incorporates input from key stakeholders.
• Plan Implementation and Monitoring: Oversee the implementation of the approved audit plan, ensuring adequate resource allocation and capacity for execution. Adjust the plan dynamically in response to emerging risks, operational changes, and feedback from senior management and the Audit Committee.
• Documentation and Follow-Up: Ensure meticulous documentation of all audit work, including detailed work plans, testing results, conclusions, and actionable recommendations. Establish a systematic follow-up process to track the resolution of findings and verify the implementation of corrective actions.
• Technical Assistance and Expertise: Provide specialized technical assistance during investigations and special audits, leveraging subject-matter expertise to guide audit teams and management in complex scenarios.
• Risk Assessment and Compliance: Conduct thorough organization-wide risk assessments to identify and prioritize significant risks related to internal controls, regulatory compliance, operational efficiency, and financial reporting accuracy. Offer strategic feedback and actionable recommendations to enhance risk management practices.
• External Audit Oversight: Direct and coordinate the work of external auditors during select audits, ensuring compliance with established guidelines and providing necessary information and support as directed by the Audit Committee and senior management.
• Audit Committee Coordination: Coordinate the preparation of comprehensive materials for Audit Committee meetings, ensuring clarity and relevance. Actively participate in quarterly meetings to present findings, discuss key issues, and provide strategic insights.
• Hotline Investigations: Investigate reported activities through the organization’s hotline or whistleblower processes, ensuring thoroughness and confidentiality. Prepare detailed reports for the Audit Committee, outlining findings and recommended actions. 

Requirements:

• 10 years of cognate experience
• Minimum of MSC/MBA academic qualification